Truthout
Austerity
The Question of Socialism (and Beyond!) Is About to Open Up in These United States
The two most looked-up words in 2012 were 'socialism' and 'capitalism'.
Obama Fully Embraces Austerity With Cuts to Social Security and Medicare
Bob Pollin: Costs of Social Security and Medicare have nothing to do with rise in fiscal deficit.
Winner Takes All: The Super-Priority Status of Derivatives
In a big derivatives bust, there may be no collateral left for the creditors who are next in line.
Beyond Deficit Scare-Mongering
Ellen Frank: Conservatives' real aim in their fiscal brinkmanship is to gut Social Security and Medicare.
Austerity Can Kill You – Literally
A major new study published in The Lancet makes clear that austerity policies adopted in the European south have produced health care crises.
Austerity Lovers in D.C., Austerity Haters At Home
Then they complain about the cuts, but still demand cuts somewhere else and add new demands that someone ELSE decide what should be cut.
Capitalism in Crisis: Richard Wolff Urges End to Austerity, New Jobs Program, Democratizing Work
As Washington lawmakers pushes new austerity measures, economist Richard Wolff calls for a radical restructuring of the US economic and financial systems.
A People’s Revolt in Cyprus: Richard Wolff on Protests Against EU Plan to Seize Bank Savings
The eyes of the financial world are on the small Mediterranean island of Cyprus.
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Senate Passes $3.7 Trillion Budget, Its First in Four Years
If the negotiations prove fruitless, the next budget crisis looms this summer when Congress must again raise the government's statutory borrowing limit or risk defaulting on the federal debt.
A Safe and a Shotgun or Public Sector Banks? The Battle of Cyprus
The current economic battle on this tiny island has taken on global significance.